Saudi’s NEOM halts work on The Line until after 2030

NEOM — the company developing the northwest corner of Saudi Arabia which is controlled by Public Investment Fund and chaired ...

How Saudi Arabia's spending spree reached the end of the line

MBS's Vison 2030 project seemed the stuff of science fiction. Now reality has bitten ...

Saudi Arabia’s mega project era: Is big spending phase coming to an end?

Projects such as NEOM, The Line and winter resorts in desert regions were presented as symbols of a new economic era. Today, ...
Construction Week Online

NEOM terminates contract with Webuild in Saudi Arabia, effective May 27

NEOM ended its contract with Webuild for a high-speed rail connector, with a backlog of $1.16 billion ...

Saudi Arabia delays key NEOM projects, including The Line, until after 2030: Report

The move comes as the kingdom’s sovereign wealth fund, the Public Investment Fund, shifts its focus towards more commercially viable infrastructure projects such as ports, utilities and data centres.

Webuild says NEOM terminates connector high-speed line contract in Saudi Arabia

May 21 (Reuters) - Saudi Arabia's high-tech NEOM has terminated Webuild's contract for the Connector High-Speed Line project in Tabuk, Italy's largest construction company said on Thursday. The ...
saudigazette

Saudi Arabia revives Jeddah Metro with Blue Line tender

JEDDAH — Saudi Arabia has revived plans to develop the long-awaited Jeddah Metro, issuing a preliminary design consultancy tender for the project’s Blue Line, according to MEED. The tender was issued ...